General Electric manufactures turbines and provides the following annual data. How many turbines were transferred to finished goods during the year?
Beginning Work in Process (30% complete, $1,300) 220 units
Ending inventory of work in Process (70% complete) 420 units
Total units started during the year 3,400 units
a. 3,392 uns.
b. 3,400 units.
c. 3.200 uniks.
d. 3,848 units.
Which is associated with process cost accounting but is not normally associated with job cost accounting?
A. Determining cost of goods sold.
B. Identifiable units of production.
C. Use of Job Cost Sheet.
D. Equivalent units of production.
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